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presidential music to bringis to this topic, which is really dominating the headlines today. president obama and republican rival mitt romney met face to face last night in denver, colorado for their first u.s. presidential debate. it really focused mostly on the economy. with a mnt to onth to go before election, both men had to prove to voters that they're the right man for the country. john harwood got a firsthand view of the debate and filed this report from denver. >> the first of three presidential debates here at the university of denver was a strong one for mitt romney. he came out very aggressively in confronting president obama on his record over the last four years, taking on on the president over his failure to reduce the budget deficit, over job creation, over obamacare, over the regulation of wall street and dodd-frank. had some success in pulling the election back from a choice election as president obama wants to be about their visions going forward into a referendum on president obama's record in the first four years. mitt romney looked very comfortable and pleased to be on t
obama is going to accuse romney of four more years of bush and romney is going to accuse obama of four more years of obama. is that what's going to happen tonight in. >> we know this and everybody on your panel, they're all smart guy, they all know that every presidential contest is a contest for the future. and what president obama is saying is everything's fine, we should continue on the same course. governor romney happens to very clearly disagree with that. and the message that he has for these voters is that we can and will take a new course under romney and that new course will have more economic growth. >> this is an assembled intellect of awesome proportions, probably nor since thomas jefferson dined alone. >> i feel like i'm bringing down the batting average on this team. >> you never do. let me ask you this. i was very surprised yesterday to learn that mitt romney was talking about tax policy to a local denver, colorado station where he essentially unveiled a new program with more details. he said his 20% tax cut would only allow $17,000 worth of deductions. if you have $17,0
% of the traffic to is foreign. the study continues that lacks minimal credit card security or verification, and that's where the money flows. it's too easy for foreign governments to finance presidential campaigns. that's the problem, including mr. obama. this won't go aaway. somebody has to look into it. everything was changed since the presidential debate. there's no denies the solid mitt romney rally, but it's the biden/ryan debate later this week everyone is waiting to see. you can see it here on cnbc beginning with "the kudlow report." here to discuss it is keith boykin and sarah fagan. i'm really excited about the ryan/biden debate, and i want to say -- by the way, i'm not a guy that's going to make a lot of fun of joe biden, because i think he can be very effective. where is biden going to go? where is he going to go for the first crunch, the first sword in the ribs to paul ryan? >> i think the ryan plan. i think that's what he'll go for. on the one hand mitt romney kind of endorsed the ryan plan but he's walked away if it. i think he's going in on that, and he'll go
. >> the first u.s. presidential debate between president obama and mitt romney is tonight in denver. the focus is on domestic issues and expectations are set high. new jersey's republican governor chris christie told "face the nation" this whole race is going to turn upside down come thursday morning. this as the latest nbc "wall street journal" poll shows president obama holds a narrow 49-46% lead over romney. some 40% of voters say the country is moving in the right direction versus 53% who say it's on the wrong track. nearly 60% believe the u.s. economy is recovering, though. joining us now is steve murphy, a democratic strategist and managing partner at mvar, and gretchen hamill is a republican strategist and executive director at public notice. nice to have you both with us. steve, perhaps you can kick it off for us. what do you think tonight holds? >> you know, here's what barack obama has to do. the debate right now in the campaign is very heavily over economic policy going forward. that's where barack obama wants to focus. he will accuse mitt romney of seeking $4 trillion, $5 trillion
to be a big part of tonight's first presidential debate between governor romney and president obama. you can catch the entire debate right here co-hosted by maria and carl kwint knee ya. begins at 8:00 p.m. eastern time. >> meanwhile, we're in the final stretch for the day ahead of the debate. we have the market mixed here. >> another trading snafu. nasdaq cancelling some kraft food group trades after a potential transaction error caused that stock to spike on the open this morning. just one more blow to investor confidence? and what's been done about this? >> then, facebook may soon track users and their buying habits offline. how do you like that? is this a privacy issue that will blow back on the company or a great business strategy? both sides of the debate coming up. ♪ [ male announcer ] the first only the beginning. ♪ ♪ introducing a stunning work of technology. ♪ introducing the entirely new lexus es. and the first ever es hybrid. this is the pursuit of perfection. who have used androgel 1%, there's big news. presenting androgel 1.62%. both are used to treat men with
announcer ] humana. >>> welcome back. barack obama and mitt romney are ready for their first presidential debate. that will be tomorrow night, 7:00 to 8:00 p.m. polls show a close race. the nation ago average has obama leading romney 49-46. the economy is issue number one and whose plans are better for the middle class. to answer that we are holding our own debate right here on the kudlow report. we are joined by new jersey democratic congressman and jim gillmore to make the case for governor romney. there will be time to talk among your selves at my disgression. the first question is going to congressman big paskrel. 1.3% gdp 25 million people out of the workforce. mr. president, what is your solution to the prosperity and the recovery that continues to elude us? >> over the past 30 months we have had an increase in private sector jobs. but that is the direction we are going in. if you remember what happened before that, when the president raised his hand in january of 2009, we were losing 700 no,000 jobs a month. but the fact of the matter is we are going in the right direction now and
cialis for daily use and a 30-tablet free trial >>> the obama foreign policy is unraveling literally before our eyes on our tv screens. >> two days before the first presidential debate, the romney campaign looks to capitalize on president obama's foreign policy stumble. governor romney blasted the president in this "wall street journal" op-ed published today outlining romney's latest vision. and new saber rattling at the u.n. with new accusations that the u.s. is preparing for another war. here now is the chair of the house homeland security committee peter king and former secretary of state williamson. peter king, welcome back, i want -- peter, i want to switch gears, i don't mean to be rude or anything. but the revelations today by una vision, that we have found 300 more dead mexicans as a result of fast and furious gun traffic and that 16 kids peter congress were found dead at this party just across the border. i just find this incredible, i find this eric holder story justice department incredible and i want to know where you think president obama is, this has become a horror sto
an ally. >>> welcome back. countdown mode is on. we are just over a month away from the presidential election. it's a big one. mitt romney and president obama are set to square off tonight in denver for the first of three presidential debates. you can catch it all right here live on cnbc beginning at 8:00 p.m. eastern. i'll be hosting the pre and post coverage along with carl quintanilla. of course, john harwood will also be with us. he's live on the ground in denver. he's here with a preview. over to you, john. >> hey, maria. it's important to remember this election isn't over. if you look at the new polls that we came out with last night and this morning, mitt romney's only trailing by three points nationally. that's down from a five-point margin a couple weeks ago. he's 9/11 florieven in florida,. he still trails in ohio by five points. that's a big problem. he needs to win the state of ohio. that just shows he has an opportunity tonight. three other big economic issues they're going to be talking about, first of all, on taxes. mitt romney hasosed a 20% across the board rate cut f
. the reviews are in for last night's presidential debate. not so good for barack obama. definitely good for mitt romney. a lot of folks concluding that romney had one of the stronger debate performances last night in presidential debating history, at least in recent memory. that's not good news for the president. you can tell how both these campaigns feel about their performance last night based on what they're doing today. we have not seen mitt romney out in front of television cameras so far today, but president obama hosted a rally in colorado today, giving him a chance to have almost a do over from last night's performance. take a listen. >> when i got on to the stage, i met this very spirited fellow who claimed to be mitt romney. but it couldn't have been mitt romney because the real mitt romney has been running around the country for the last year promising $5 trillion in tax cuts that favor the wealthy. the fellow on stage last night said he didn't know anything about that. >> and bill, the battle continues now. in the battleground states, we're going to see both candidates in vi
presidential debate. president obama attempted to turn back some of that criticism by showing, taking a swing back at the gop challenger. listen to this. >> the man on stage last night, he does not want to be held accountable for the real mitt romney decisions and what he's been saying for the last year. governor romney may dance around his decisions but if you want to be president you owe the american people the truth. >> joining us from washington on the debate fallout is nbc's political director and chief white house correspondent chuck todd. you were there. you talked to a the lo of people afterwards. >> i did. >> what is your best guess what happened. this was a surprise to a lot of people watching in terms of president obama's performance. >> what had the biggest impact on me yesterday, i was at the denver rally, i traveled with him back from denver into madison and obviously his base was enthusiastic, being out there to see him, and i interviewed all these folks asking what they thought of the debate and they were dumbfounded, they expressed disappointment, i don't understand, why didn
to time in presidential debates. not often. and president obama's not prone to mistakes very often. so he's got a low bar for what he wants to accomplish. we do know that a challenger merely by taking the stage with an incumbent president sell vated in tvais elevated in the eyes of the american people. president obama doesn't have to hurt mitt romney. he has to protect himself. >> hang on to the ball, no fumbles. john, amman, thank you. everyone, stay with cnbc. it is going to be a huge political night. larry kudlow will kick it off as usual with his program at 7:00. debate coverage rolls right out at 8:00, and goes right through with cnbc analysis. we want to hear from you. tweet us your thoughts on the election using the hash tag #cn #cnbc2012 for a chance to see your tweet in the ticker. >>> let's move over to seema mody for market flash. >> health care will be a big topic in detonight's debate. some talk and speculation that asstra zen ka is looking at potentially taking over forest labs. talk was sparked by a uk "guardian" article writing astrazeneca could soon launch a bid for fores
barack obama in -- i think is going to have an opportunity to be amazingly presidential. instead of running for president he can actually be president. what do you know he already is. >> the iranians will never give up their nuclear operation. they'd just as soon get their people starve, aren't kre? >> i think so. they're likely to do something provocative to rally people around the flag. if they can make it look like the international community making everybody pay a price here people may rally behind the regime. so we could see them do something crazy in the persian gulf. close the strait of hormuz. many things they can do. it's tough for us to divide vine the intentions of this regime which is very dangerous. >> would you agree, peter, that this currency collapse and the inflation spiralling really adds a new dimension to the economic part of this. we've all been talking about oil sanctions. all of a sudden, if you can't have money to eat that's a real problem. i don't care. where could that go? i'm looking for revolution here. there's too many cases in history where currency
obama, governor romney do kick off the first of three presidential debates and cnbc will carry it live. our coverage begins at 8 p.m. eastern time. it's your money, your vote. sue? >>> ty, the financial crisis haunting america's biggest bank, jpmorgan being sued by new york attorney general eric schneiderman, claiming that the bear sterns business that jpmorgan took over in 2008 defraud mortgage bond investors a are. our senior correspondent scott cone has been working on the case. scott? >> sue, under the head nothing good deed goes unpunished, if how you characterize the takeover of bear stearns, the federal government for the $10 a shake jpmorgan got not only bear stearns' assets but liabilities, including, authorities say responsibility four some of the most egregious conduct in the financial crisis you churning out residential mortgages by the thousands, bundling them into what the firm told investors were quality securities, knowing all along many of the mortgages were duds a systemic fraud on thousands of investors, the lawsuit says, deceiving them about the fundamentally defect
in the books. romney and obama facing off last night in their first presidential debate. among the topics they sparred over, revenue. take a listen. >> there has to be revenue in addition to cuts. now, governor romney has ruled out revenue. he's ruled out revenue. >> absolutely. look, the revenue i get is by more people working, getting higher pay, paying more taxes. that's how we get growth and how we balance the budget. but the idea of taxing people more, putting more people out of work, you'll never get there. >> for reaction from the obama campaign, the co-founder and former ceo of car max, austin leggen joins us from richmond, virginia. austin, good morning to you. >> good morning. how are you? >> good. i'd love to get your take on that specific moment which has been cited by many to be one of romney's most coherent, concise arguments for his view of the role of government. you agree? >> well, it may have been quick and a good sound bite, but it's not very coherent or concise. what he says is growth will give you revenue which will give you growth. i mean, what he's saying is i'll gr
things come to fruition, i think he's going to win the presidential election, i'm pretty happy about it. >> governor rendell we noticed that president obama in the last debate did not look like he's prepared. i doubt we'll see the same performance the next time around. what do you think he needs to do? >> well i think he needs to be more aggressive. first of all he needs to be more passionate about his accomplishments and his accomplishments i think are fairly significant. he took over a country that was on the brink of financial collapse, saved the financial syst system, got the american automobile manufacturing system again, we've had half a million manufacturing jobs, best period of manufacturing growth in a while, housing starts are up, consumer confidence is up, automobile sales are up, rail traffic is up, the unemployment rate is under 8%, we're headed in the right direction and i think he's got to be pretty affirmative about that and i think he also has to call governor romney on the inconsistencies we saw in the first debate but i think jim is right, governor romney terrific per
was a vice presidential debate. most people vote for president, not vice president. so something like that happened -- i don't really reckon that romney's going to stroll over to president obama. at least i hope not. one thing i will say, by the way, is if you go back to all those republican debates, we did the after-debate for one of them. romney's pretty good. he did very well in most of them. and two in particular. he took newt gingrich out in florida. at a moment when gingrich was really a big contender. romney took him out. >> even though the president, one of the best thing he does is speak publicly. >> you go back and look at those hillary/obama debates. hillary gave him a run for his money. i don't think he was overwhelming. that's why a lot of insiders probably myself included expect romney to do well tonight assuming he doesn't do anything really weird. >> larry, we'll talk to you in a bit. as the debate is live in about 20 minutes. let's bring in auto industry legend bob lutz now. former president of chrysler. currently bob sits on the boards of via motors. i want your reac
. >> sticking with social media, during the presidential debate last night a member of kitchenaid's twitter team mistakenly posted an offensive tweet about president obama on the company's twitter page. instead of from his or her personal twitter handle. kitchenaid apologizing for the error today but will corporate america ever figure social media out? is this a governance problem? what is going on? >> like you, i was more surprised that they had a twitter team. i wently went on and see what did you twitter about? this company makes mixers! 4,000 tweets from a mixer company. here's one. they tweet, it's national pancake day. let's eat breakfast for dinner. here's another one, i'm sorry you're still having problems doing your peanut butter. we have too much information here. >> they came back and they took down the tweet. they said this person's no longer going to tweet for us. >> it is human error. every company out there has to have a twitter account. they don't have a choice. they just have to make sure whoever is running the account does not screw up. >> i don't remember a club who would have
presidential debates. one of the major issues is it that looming fiscal cliff. president obama challenged mitt romney on his plans for cutting the nation's debt. >> when i got on to the stage, i met this very spirited fellow who claimed to be mitt romney. but it couldn't have been mitt romney because the real hit romney has been running around the country for the last year promising $5 trillion in tax cuts that favor the wealthy. the fell wloe on stage last night said he didn't know anything about that. >> the president's vision is trickle down government and i don't think that's what america believes in. i see instead a prosperity that comes through freedom. >> president of the committee for responsible federal budget, director of the fiscal policy program, as well, and joins us now. have you heard anything -- have you heard enough of of a commitment from either side of the aisle that you thought might actually work? >> well, what we didn't hear was enough specifics. so i think the good news is that that debate, the discussion was clearly focused on the deficit and debt. which is the issue th
in a more competitive position. what we see in presidential race after presidential race is whenever anybody in a structurally close race, whenever anybody gets a lead that looks to be pushing the boundary, and obama's lead, when you start getting to four, five, six-point lead in some of these national polls, that's just too high given the divisions in the country, so that's coming down a little bit, and it sets the table again for romney to try to reset impressions of him tonight, really make a strong case on the economy and deal with that 47% video. >> why do you think the situation has not changed in ohio? what's the different metric there? is it because they have people that are more closely related to the car industry and that argument that the obama campaign is at play there? >> the auto industry makes a difference. remember that florida is also an older electorate than ohio. >> but people thought that would slow people that the choice of ryan would scare people. >> he's up in all the polls with people over 65, though. >> right. but senior citizens are the strongest element of romney's
we closed just under 13,500, our top story as you can imagine, the first presidential debate and investor reaction. president obama and republican nominee mitt romney sparring for more than an hour, an hour and a half, over the economy, tax cuts, health indication, education, and the future of big bird. huge jump on that, so hard. >> he's a huge fan of "sesame street." >> i think there's points on that, right? >> he did a good job of being affable even though he was telling jim lehrer i'd fire you. >> "sesame street" is a one-way street and only moves toward "sesame street" not toward "squawk box." >> we did meet elmo. >> hugs and kisses! >> nice rebound for mitt romney after last night's performance almost a 50% move. we were down at 22, so it wasn't all just, can you see where the days are, it was up to 34. you didn't watch that last night? >> i thought this was the obama one. >> went from 22 to about 35. our senior -- are you not chief economyist? >> senior economicist. tomorrow i'll be chief economist. depends on what i'm doing, two jobs. >> tomorrow is jobless friday. >>
that we could have an electoral tie. highly unlikely. so i don't think the election's over. b obama has the lead. we still have a month to go. the next two weeks with three presidential, one vice presidential debates, we have a chance for mitt romney to set a different impression with the american people than he's been able to do so far. who knows what president obama will do and what events are happening in the world. but i'm not sure other than some tightening from a little surge that obama had which i think is receding a little bit, i'm not sure what nate is talking about. >> john, you wrote a column that talks about the debates and the impact of the debates traditionally. and made the case that traditionally it makes very little impact. >> there are many individual moments that make an impression. but to fundamentally change where a race is going is very rare and you need a combination of events. the example that i used in that piece, andrew, was 2000, al gore had a lead of about what president obama has now entering the debates against george w. bush. he had a reputation as a stron
% for romney. amongst all registered voter, obama holds a 5 point lead. but 52% of likely voters across key swing states favor the president. you'll be able to get full coverage of wedding who's presidential debate right here on cnbc, it starts at 8:00 p.m. eastern. a july says the rules set to go into effect october 12th won't properly justified by the cftc, the rules would cap the size of positions trading firms can take in certain commodity contracts and expand restrictions to swaps trade. meanwhile nokia has another big customer. the "wall street journal" says the company is going to unveil a deal with oracle take. the company's oracle world conference in san francisco. nokia's recently signed deals as well with groupon and amazon which dropped google maps. shares up marginally this morning julia got to a chance to sit down with sheryl sandberg. so tune in for that interview. shares in banco popular have resumed trading. the banks approved a 2.5 billion rights issue. it will report record write downs and has suspended its dividend due this month. this comes after an independent audit of
putting one face there, ben bernanke will stay on if barack obama is reelected. on the right-hand side we see potential romney cabinet selections, glenn hubbard, he's been an economic adviser to both romney's presidential campaigns, last time and again this time, and john taylor at stanford university is also somebody who is mentioned frequently. look at state department as well that's obviously one that is a moving part right now because this interesting tension in washington on the obama side if he's reelected between john kerry who might have done himself some good with his speech at the democratic national convention, and susan rice is somebody who is often mentioned. now, this recent flap over libya and what the united states said or did not say about the situation there might have damaged her prospects a little bit. we'll have to watch that one, on the romney side robert zoellick, former world bank president and richard haass, president of the council of foreign relations mention there had and treasury secretary we talked about some of the names for the obama cabinet starting with t
Search Results 0 to 22 of about 23